16 results
- 4 Apr 2022
Shirley Somuah Named as Partner @ CardinalStone Capital Advisers
African private equity fund manager, CardinalStone Capital Advisers (CCA), has appointed Shirley Somuah as a Partner, as it strengthens its presence in Ghana with a new office opening in Accra in Q2.…
- 27 Apr 2021
CardinalStone Lists N5bn Bond on FMDQ
CardinalStone Partners Limited has announced the listing of the CardinalStone Financing SPV Plc N5billion Series 1 Bond on FMDQ Securities Exchange Limited. The company explained in a statement that…
- 16 Feb 2025
CardinalStone Acquires Radix Pension Managers
Multi-asset management firm CardinalStone Partners Limited has announced the successful acquisition of a majority equity stake in Radix Pension Managers Limited. Following this acquisition,…
- 21 Jun 2022
CardinalStone Securities Executes Largest Block Deal in Nigerian Capital Market
CardinalStone Securities has announced its recent execution of the sale of 27,336,952,296 ordinary shares of Union Bank of Nigeria Plc at N7 per share by Atlas Mara Limited and Union Global Partners…
- 14 May 2023
FBNQuest Facilitates Transactions in Commercial Paper Programmes
FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc., has continued to play a pivotal role in supporting transactions towards the growth of commercial paper issuances…
- 2 Nov 2022
CardinalStone Capital Advisers Invests $6m Investment in AfyA Care
West African private equity fund manager, CardinalStone Capital Advisers (CCA), has announced a $6 million investment in AfyA Care as part of the company’s Series A capital raise. AfyA Care is a…
- 18 Jan 2019
NEM Insurance Announces Investment by AFIG Funds
NEM Insurance Plc, a leading insurance group in Nigeria announced that Advanced Finance and Investment Group (“AFIG Funds”), a leading African private equity fund manager has, through AFIG Fund II,…
- 17 Sept 2021
Purple Achieves 100% Subscription, Concludes N5bn Sukuk Bonds Issue
Purple Urban Limited, a member of the Purple Group, has announced that it has concluded its Sukuk Bond privately issued to the investing public raising N5 billion. The company in a statement said the…
- 15 Nov 2021
DrugStoc Secures $4.4M in Series A Funding to Expand Access to Quality Pharmaceuticals in Africa
Healthtech startup, DrugStoc has raised USD 4.4 million in Series A funding to expand access to quality medicines while providing sustainable supply chain financing for healthcare providers in…
- 5 Apr 2022
VFD Group Named '2021 Most Innovative Investment Company in Nigeria’
VFD Group Plc, a sector-agnostic proprietary investment firm headquartered in Lagos has been named the 2021 Most Innovative Investment Company in Nigeria by the International Finance Magazine (IFM),…
- 27 Sept 2023
NGX Seeks Regulatory Reforms to Attract More Listings
On the backdrop of the recent wave of delisting from the Nigerian Exchange Limited (NGX), the Chairman of NGX Group, Dr. Umaru Kwairanga, has called on the Federal Government to spearhead legislative…
- 30 Jul 2024
Zenith Bank to Raise N290 Billion in Fresh Capital via Rights Issue and Public Offer
Zenith Bank Plc is planning to raise N290 billion through a Rights Issue and a Public Offer to meet the Central Bank of Nigeria’s revised minimum capital requirements for Nigerian commercial banks.…
- 27 Oct 2025
After MultiChoice Buyout, Canal+ Eyes Full Ownership of Showmax
Canal+, French media giant, is reportedly eyeing the full takeover of Showmax, the African streaming platform jointly owned with MultiChoice Group. This followed its recent push to expand across the…
- 12 Apr 2021
Appzone Secures $10mn Series A Funding
Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has today announced the close of its $10mn Series A round. Led…
- 8 Mar 2026
Dimension Data Nigeria Seals N20bn Bond Deal to Bridge Digital Infrastructure Gap
Dimension Data Nigeria has formally executed its N20 billion ($15m) Bond Programme under Dimension Data SPV Funding Plc, following approval from the Securities and Exchange Commission (SEC). The…
- 24 Mar 2021
CardinalStone Capital Advisers Announces Final Close of Maiden Private Equity Fund
CardinalStone Capital Advisers (CCA), a Lagos based private equity fund manager, has announced the final close of its maiden private equity fund, the CardinalStone Capital Advisers Growth Fund LP…